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406 Spring Lake Dr

Monroe, NC 28110

4 bd 3 ba 2,330 sqft Built 2022 Lot 43,560 sqft single_family
Most recent sale
$489,900
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $489,900 MLS #3879109
Jul 1, 2022 Listed $489,900 MLS #3879109
Oct 7, 2021 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $478,700 $68,700 $547,400 $2,781
2024 $478,700 $68,700 $547,400 $2,502
2023 $320,500 $36,600 $357,100 $2,390
2022 $36,600 $36,600 $245
2021 $36,600 $36,600 $245
2020 $25,600 $25,600 $203
2019 $25,600 $25,600 $202
2018 $25,600 $25,600 $202
2017 $25,600 $25,600 $209
2016 $25,600 $25,600 $206
2015 $25,580 $25,580 $198
2014 $30,100 $30,100 $239
2013 $30,100 $30,100 $208
2012 $30,100 $30,100 $204
2011 $30,100 $30,100 $206
2010 $30,100 $30,100 $206
2009 $30,100 $30,100 $204
2008 $30,100 $30,100 $204
2007 $15,760 $15,760 $115

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,330 sqft
Lot size
43,560 sqft
ZIP code
28110
City
Monroe
Street
Spring Lake Dr
Coordinates
35.05105, -80.52388

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,146
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 406 Spring Lake Dr last sell?
406 Spring Lake Dr most recently sold on Aug 15, 2022 for $489,900.
What is the current tax assessment for 406 Spring Lake Dr?
The most recent total assessment for 406 Spring Lake Dr (year 2025) is $547,400 with $2,781 in property tax.
How does 406 Spring Lake Dr's assessment compare to its last sale price?
The current assessment is 11.7% above the last sale price of $489,900.
When was 406 Spring Lake Dr built?
406 Spring Lake Dr was built in 2022.
How does 406 Spring Lake Dr compare to others on Spring Lake Dr?
We track 1 other property on Spring Lake Dr. Browse the list under "Other properties on Spring Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 406 Spring Lake Dr?
406 Spring Lake Dr is a 4 bed, 3 bath, 2,330 sqft, 43,560 sqft lot single_family.
Is 406 Spring Lake Dr a flip candidate?
Yes — 406 Spring Lake Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 406 Spring Lake Dr a tax-appeal candidate?
No — 406 Spring Lake Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$498.5K
2026 Q4
$502K
ZIP 28110 — Median Price History + Forecast

Explore nearby

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